Tonbo Imaging India Limited’s IPO to open on Oct 15

Mumbai: Tonbo Imaging India Limited proposes to open an initial public offering of its equity shares of ₹2 each on Thursday, October 15, 2026. The Anchor Investor Bidding Date shall be Wednesday, October 14, 2026, being one Working Day prior to the Bid/Offer Opening Date. The Bid/Offer Closing Date shall be Monday, October 19, 2026, the company said today.

As per the company, the Price Band of the Offer has been fixed from ₹665 to ₹700 per Equity Share. Bids can be made for a minimum of 21 Equity Shares and in multiples of 21 Equity Shares thereafter. The offer comprises entirely of an Offer for Sale of Equity Shares aggregating up to 12,174,046 equity shares of ₹2 each.

Tonbo Imaging India Limited is a Bengaluru-based global defence electronics original equipment manufacturer (OEM) that designs, develops and manufactures sensing, processing, communication and guidance systems for surveillance, reconnaissance, targeting and control. Its product portfolio includes thermal imaging cores, weapon sights, handheld thermal imaging binoculars, targeting systems, missile seekers and fire control systems, offered through its Tactical Systems and Platform Systems verticals. The Company is also developing directed energy systems to counter drone swarms. As of June 30, 2026, Tonbo Imaging had deployed over 28,000 systems across 24 countries.

The Equity Shares of the Company are proposed to be listed on BSE Limited and National Stock Exchange of India Limited.

JM Financial Limited and IIFL Capital Services Limited are the Book Running Lead Managers to the Offer.